Daily Wrap – The S&P Set A Record Today; Not A Good One
Tech stocks, and virtually Tech stocks alone, led the market amid horrendous breadth, even in the leading Technology sector. Some...
Daily Wrap – BIG Week
Over the weekend, U.S.-China trade negotiators met in Malaysia to prepare for the October 30 Trump-Xi summit. Both parties reported...
Daily Wrap
Tech and Mega cap stocks rebounded to retrace yesterday’s losses, as earnings played another influential role in day-to-day sector performance....
Daily Wrap – Selling High Beta Momentum
Today wasn’t a great showing by the stock market, but it was orderly. Earnings continue to play a role in...
Daily Wrap: Gold and Silver’s Worst Day In Years
Following yesterday’s 1-day overbought internals signal and breadth oscillators resetting from oversold (Thursday) to overbought (Monday), the S&P 500 and...
Daily Wrap – More Defensive Than You Might Think
The market benefitted from quiet weekend with no new China tariffs, and a sense of optimism over U.S.-China trade. President...
Daily Wrap – A Credit Event?
The market went from Monday’s broad-based relief rally, to Tuesday’s overly optimistic short-squeeze in consumer cyclicals, to Wednesday’s more defensive...
Daily Wrap – Falling Three Methods?
I’m not even touching the cornucopia of China/U.S. trade tussle headlines today—or the Fed speakers, for that matter. Sure, they...
Daily Wrap – Rotation To Value
Yesterday I wrote that I thought a Falling Three Methods candlestick pattern was the highest probability, but added, “Of course...
Daily Wrap – Big Update Including Some Macro Signals
Friday’s widespread sell-off—sparked by President Trump’s threat of 100% tariffs on Chinese imports in retaliation for Beijing’s stricter rare earth...
Daily Wrap – U.S. Dollar Breaks Out & Credit Breaks Down
One of the more notable events today was something I’ve warned of in recently… the U.S. Dollar index breaking out...
Daily Wrap – HY Credit Adds a New Wrinkle; Investment Banks Highlight Risks in a Fragmented, Low-Correlation Market.
You may recall me, “Stranger Signals” video, covering some of the signals we’re seeing now, but posted on July 14,...
Bearish Change In Tone
There’s a lot to take in today. As forecast for the last few weeks, Gold futures hit $4,000. The AI...
Daily Wrap – Letters of Intent & MOUs
As of a few weeks ago it was still up in the air, whether investors would embrace the Fed rate...
There It Is
When the first ABI signals showed up 2 weeks ago to the day, I honestly didn’t expect this. I covered...
Afternoon Update
The earlier value related, procyclical defensive bias is still in effect while the three mega cap heavy sectors sit at...
Important Market Update
I’ve been busy tonight. I have a lot for you. I hope you have the time to take it in....
Daily Wrap – Government Shutdown Begins; Another ABI/VIX Signal In a Strangely Fragmented Market
Index futures sank overnight as the U.S. government shutdown at midnight. Then, “Bad News” on the employment front, was “Good...
Daily Wrap – Government Shutdown Looms At the Turn of the Quarter With Another ABI Signal
Tuesday was the last day of the month and quarter, and it looks like a government shutdown is coming at...
Daily Wrap – Gold Keeps Soaring; Stocks… Meh
***I’m having technical issues with the website. The server pushes through an automatic update that wreaked havoc. I’ve spent about...
